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New Deal


Announced

Completed

Colonnade Acquisition to merge with Ouster in a $1.6bn deal.

Financials

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Transaction Value£1,198m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales8.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

United States

Majority

Domestic

Private

Friendly

semiconductor manufacturing

Semiconductors

Acquisition

Merger

Reverse Takeover

De-SPAC

Private Equity

Completed

Synopsis

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Ouster, a provider of high-resolution digital lidar sensors for the industrial automation, smart infrastructure, robotics, and automotive industries, went public via a SPAC merger with Colonnade Acquisition, a special purpose acquisition company, in a $1.6bn deal. “Today is an exciting moment and major milestone for Ouster. The capital raised through our transition to a publicly traded company will enable us to further accelerate the adoption of our proven technology across multiple end markets and realize a safer, smarter, more efficient future," Angus Pacala, Ouster Co-Founder and CEO. On February 24, 2021, Colonnade Acquisition reminds shareholders to vote in favor of the proposed business combination with Ouster before March 9, 2021.

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